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$19,800,000
8 Days On Site

520701 Hollywood Way
Burbank, CA 91505

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
38,482
SqFt
$515
/SqFt
1990
Built
County:
Los Angeles
Listed by Levon Alexanian of Keller Williams World Media Center info@alexanianadvisors.com

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520701 Hollywood Way520701 Hollywood Way520701 Hollywood Way520701 Hollywood Way
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Portfolio offering of 24 and 20 units situated across the street from each other in prime Burbank. Immediate footprint in one of the hardest barrier to entry markets in Southern California. Directly across the street from the $500,000,000 Ranch Lot Studio development being completed in 2025. Turn key offering both properties have great in place rents and offer ease of management as all units are remodeled. Current annual scheduled income is $1,546,272. Unit mix totals (1) 3+2, (31) 2+2 and (12) 1+1 spacious units. Several lofted ceiling fireplaces, patios, balconies, gated & controlled access & parking.

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Listing Snapshot
Price 
$19,800,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
38,482 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7401 Acres
Year Built 
1990
MLS® Number 
SR24233145
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.7401
Number Of Stories 
3
Property Sub Type 
Apartment
Sewer 
Private Sewer
Special Circumstances 
Standard
SqFt Total 
38482
Water Source 
Private
Interior Features
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Landscaped
Pool Features 
None
Community Features
Building Access 
Curb
Community Features 
Curbs
Financing Terms Available 
CashConventional
MLS Area 
610 - Burbank
Senior Community 
Yes


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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